Gov. Newsom says state budget deficit has grown to nearly $32B

Politics

The state’s total budget is about $306 billion, which is far larger than any others state budget.

The governor showers billions of dollars in state funding on corporate and union donors who spend big on ballot initiatives

The California governor also toured Tesla’s electric vehicle factory in Shanghai and celebrated more flights between the city and SFO. 

At an event in San Francisco, Newsom signed dozens of new housing bills designed to alleviate the state’s housing crisis. 

The Tuesday reception in Kentfield had tickets priced at $5,000 to $100,000. 